Global Syndiotactic Polystyrene Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application

Syndiotactic Polystyrene (or Syndiotactic Polystyrene, SPS) is a kind of crystal polystyrene engineering plastic which is different from normal polystyrene’s in spatial structure. The structure of the product is regularly alternately spaced and it makes its properties different from normal polystyrene especially the resistance of heat and drug. Syndiotactic Polystyrene provides a good balance and competes well against other materials in a wide variety of applications.
The Global Production Scale of Syndiotactic Polystyrene is small. Idemitsu Kosan and LG Chem are the only two manufacturers of pure Syndiotactic Polystyrene in the world now.

The Syndiotactic Polystyrene is used by adding other materials such as glass fiber to enhance its property. Both Idemitsu and LG Chem supply SPS compound in the world. Idemitsu has SPS compounds plants in Japan, China, the US and Germany and supplies the product with the brand name XAREC. LG Chem has SPS compound plant in South Korea. LG Chem supplies the products with the brand name LUSEP.

Idemitsu is the first company in the world to launch commercial production of the Syndiotactic Polystyrene and now Idemitsu is the world leader of the product in the world.

The entrance barrier of the Syndiotactic Polystyrene industry is the technology hurdle in the production of metallocene catalysts. Idemitsu, Dow Chemical and LG Chem are the few companies who have the technology of the production and application of the metallocene catalysts for the polymerization of Syndiotactic Polystyrene.

Global production of Syndiotactic Polystyrene is 8.92 K MT in 2015. Due to technical limitations, the development in Syndiotactic Polystyrene industry is slowly. In the future, we guess that the production will increase to 9.08 K MT by 2021.

Market Analysis and Insights: Global Syndiotactic Polystyrene Market
The global Syndiotactic Polystyrene market size is projected to reach US$ 56 million by 2026, from US$ 55 million in 2020, at a CAGR of 0.2% during 2021-2026.
Global Syndiotactic Polystyrene Scope and Segment
The global Syndiotactic Polystyrene market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Syndiotactic Polystyrene market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

Segment by Type, the Syndiotactic Polystyrene market is segmented into
LG Chem product
Idemitsu Kosan product

Segment by Application, the Syndiotactic Polystyrene market is segmented into
Automotive
Membrane
Food and Medical container
Electronic components

Syndiotactic Polystyrene market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Syndiotactic Polystyrene business, the date to enter into the Syndiotactic Polystyrene market, Syndiotactic Polystyrene product introduction, recent developments, etc.
The major vendors covered:
Styrolution
Sinopec
CNPC
FCFC
Lyondellbasell
Chevron Phillips
Ineos
DowDuPont
Sabic
Cosmer
Shell
Idemitsu

Geographic Segmentation
The report offers exhaustive assessment of different region-wise and country-wise Syndiotactic Polystyrene markets such as U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
For the period 2015-2026, the report provides country-wise revenue and volume sales analysis and region-wise revenue and volume analysis of the global Syndiotactic Polystyrene market. For the period 2015-2020, it provides sales (consumption) analysis and forecast of different regional markets by Application as well as by Type in terms of volume.